ST Group Food Industries unit to take majority control in Papp | SGX Market Updates

ST Group Food Industries unit to take majority control in Papparich Australia for A$1.4m
https://www.businesstimes.com.sg/companies-markets/st-group-food-industries-unit-to-take-majority-control-in-papparich-australia-for

ST Group Food Industries Holdings DRX announced on Tuesday (Feb 22) that its wholly owned subsidiary STG Food Industries (SFI) will be acquiring a 40 per cent stake in Papparich Australia Pty Ltd (PAPL) from Papparich Group Sdn Bhd (PGSB) for a cash consideration of A$1.4 million (S$1.4 million).